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M

AINE

S

TATE

L

EGISLATURE

The following document is provided by the

L

AW AND

L

EGISLATIVE

D

IGITAL

L

IBRARY

at the Maine State Law and Legislative Reference Library

http://legislature.maine.gov/lawlib

Reproduced from scanned originals with text recognition applied

(searchable text may contain some errors and/or omissions)

(2)

Public Documents of Maine:

BEING THE

ANNUAL REPORTS

OF THE VARIOUS

Public Officers anU lnstitutions

FOR THE YEAR

~1887~

VOLUME II.

AUGUSTA:

BURLEIGH & FLYNT, PRINTERS TO THE STATE,

(3)

NINETEENTH ANNUAL REPORT

O:l<' THE

Insurance Commissioner.

STATE OF MAINE.

PART I.

Fire and Marine Insurance.

AUGUSTA:

SPRAGUE & SON, PRINTERS TO THE STATE.

1887.

(4)
(5)

NINETEENTH ANNUAL REPORT

OF THE

Insurance Oollln1issioner.

PART FIRST.

FIRE AND MARINE INSURANCE.

To

tlte

Honorable Governor and Council:

The Insurance Commissioner presents Part First of the

Nineteenth Annual Report of the Insurance Department of

the State of Maine, in compliance with law.

MAINE INSURANCE Co:11PANIES.

The Maine Stock Companies received in premiums in 1886,

for Marine and Inland Insurance, $229,564.52, and paid in

losses, $166, 776.82, leaving a balance of $62,787 .70.

This

statement includes the business transacted by the Merchants'

Marine Insurance Company of Bangor for that fraction of the

year following February 24th, the date when its organization

was completed. The ratio of losses paid to premiums received

was $86.14 in 1885 nnd $72. 66

in

1886. These companies

are the Merchants' Marine and the Union

of

Bangor, and the

Ocean of Portland. They were each examined by the

Com-missioner in February of 1887, and their annual returns for

the

year 1886 were verified.

(6)

iv

INSURANCE COMMISSIONER'S REPORT.

Twenty-five Mutual Fire Insurance Companies of Maine

made returns for the year ending December 31, 1886. These

companies received in premiums and assessments $35,336.98,

and paid for losses $19,792.27, during the year. There is no

provision for the examination of these companies, but they are

required to 1nake annual returns. These returns m some

cases are imperfect and somewhat unsath,factory.

FOREIGN COl\IPANIES.

In

1885, the companies of other States and countries did an

exceptionally good year's work in Maine, receiving in premiums

$1,004,590.34 and paying for loses $574,741.23, the ratio of

losses paid to premiums received ueing 57 per cent. The

year 1886 was an exceptionally unfortunate year for

under-writers in Maine. The sweeping tires in two of the largest

villages in the State, Eastport and Farmington, were the great

cause of this bad showing. The ratio of fire losses paid to

premiums received was 102 per cent.

UNDERGROUND INSURANCE.

The large conflagrations in our State last year made more

apparent the fact that there is a large amount of business

done in Maine by insurance companies that have no license

and employ no licensed agents. Quite a portion of this

bus-iness is transacted through the home offices of these

compa-nies, hut the amount solicited and placed by persons acting

as agents of these companies is considerable. Matters have

been brought to light by which it appears that a few licensed

agents of Ruthorized companies have dabbled in this sort of

illegality to an extent that is at once astonishing and

discredit-able.

In

many instances this underground, so called,

immr-ance was placed in the wildest of wild-cat companies, so that

those who have trusted to the honor and integrity of these

agents have been subjected to severe loss. The statutes of

Maine, to prevent this illegal business, have been found

ineffective and amendments were made by the last Legislature,

(7)

INSURANOE COMMISSIONER'S REPORT.

v

the enforcement of which, with the additional statute

pro-viding for the nppointment of special brokers, it is hoped will

have the effect to reduce underground insurance to a very

small amount. A compilation of the insurance laws of the

State was authorized by the lust Legislature and may be found

as an appendix to this volume. This compilation has been

thoroughly distributed among men interested in insurance

matters, upon the theory that a knowledge of these laws will

have a tendency to cause their observance.

At the close of the year 1886, there were eighty-three fire,

fire-marine and marine insurance companies of other States

and countries authorized to transact business in Maine, of

·which eighty-one were stock and two mutual companies.

Four companies, the Anglo N evnda and the Firemen's Fund

of California, the Granite State and the People's of New

Hampshire, entered the State during the year, and one

com-pany, the Transatlantic of Hamburg, Germany, withdrew.

CoMPANIES AUTHORIZED.

The following tables show the fire, fire-marine and marine

insurance companies authorized to do business in Maine at date

of this report.

Ffre, Fire-J,.f.arine and Marine Insurance Companies now authorized

to do business in Maine.

MAINE STOCK COMPANIES.

:

_-_A_e_:-:-:~.~-:-,~-~-:-·:~.~-N-.-~·-

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• • • • • • • • • ~ ~ : : : : : : ·

Ocean •....••••••••••.•••.••• Portland.

MAINE }ff'l'UAL CO:\IPANIES.

Bangor •••.••.•••••••••••••••• Bangor. Brunswick Farmers' ••••.••. Brunswick. Casco .•....••••.•••••••.•... Ca~co. Cumberland ..••••••••••.. Cumberland. Danville •....••••..•.••••.•• Auburn. Eliot and Kittery • • . • • • • • • . . . . Eliot. Falmouth •...••..•.•••••••. Falmouth. Fayette ..••••..••.•••••••.••. Fayette. Fryeburg ... Fryeburg. Gorham .Farmers' •••• , •••••••• Gorham.

Harpswell ...•••..•.•••••.•. Harpswell. lla"trison ...••••.•••.••. Harri~on. Hermon and West Bangor ..•• Hermon.

Jay ... Jay.

Litchfield •.•.••.•••••••••••• Litchfield. Lovell . . . . . . . . • • • . • • • •••.... Lovell. North Yarmouth •••••• North Yarmouth. Oxford County ...•.••••••• South Paris. Patrons' Androscoggin •••••••• Auburn. Piscataquis •••••••••••••••••••• Dover.

(8)

vi

INSURANCE 00:\'IMISSIONER'S REPORT.

MAINE MUTUAL COMPA~IES-CONCLUDED.

NAME OF COMP.ANY, LOCATION.

Saco ••..••••...•••••••••••••.••. Saco. Union Farmers' ... Union. Warren Farmers' .••••••••••••. Warren. Webster ... Webster. Wells .•.•••.•••••••••••••••..•. Wells.

NAME OF COMPANY, LOCATION.

Wilton .•.. , ••••.•.••••.••••••. Wilt·on. Windham ... Windham. Woolwich ... Woolwich. York County . . .. .. • • • .. • • • • .. .. Saco. Portland Fishing ••••.••.•••. Portland.

COMPANIES OF OTHER STA'l1ES.

~tna .••..•.•••.•••••••••.••.••. Conn. American Central ... Mo. American ".Fire ... Pa. Anglo Nevada. . ... Cal. Atlantic F and M ... R. I.

Boatman's F. and M ... Penn. Boston Marine ... Mass. Buffalo German ... N. Y. Citizens' ... Pa. Con1merce .•.••••• , •..•..••.•••• N. Y.

Connecticut Fire ... Conn. Continental ...••••.••.•••. N. Y.

Dwelling-House ... Mass. J:i:lliot ...••..•.•....••••••••.••. Mass. Equitable F. and .:\1.. ... R. I.

Fire Association ... Pa. Fireman's Fund ...•....•.• , •. Cal. Fireman's Fire . • . • • • • • • • • ••.••. Mass. First National Fire ... Mass. Franklin Fire ..•...•••.•• , •.... Pa, German American ... N. Y. Germania Fire ...•.•.••.•.... N. Y. Girard F. and M ... Pa. Granite State ••••.•••.•••.••.... N. H. Greenwich ... N. Y. Hanover Fire •....••.••.•.•••••• N. Y. Hartford Fire ....•••.••...•... Conn. Home .•..••..••...•••••••.••• N. Y. Howard ... , •...••••.••• N. Y. Ins. Co. of No. America .•.••••••••. Pa.

Ins. Co. of the State of Pa ... Pa. Manufacturers' and Builders' ... N. Y. Merchants' ... N. J.

Merchants' ....•...••••••••.••. R. I.

Meriden Fire .•...•••••••••••• Conn. National Fire . . . • • • • • • ••••••••. Conn. National Fire ... N. Y. Neptune F. and M •.•••••.••••••. Mass. New Hampshire Fire .•.•.••••••. N. H. Niagara Fire ....•••...•.•••..•• N. Y. Northwestern National ... Wis. Orient ... Conn, Pacific Fire ... N. Y. Pennsylvania Fire ... Pa. People's Fire ... N. H. Phenix ... N. Y. Phcenix ... Conn. Prescott .•...•..•...•. Mass. Providooce Washington ... R. I. Rochester German ... N. Y. Security •...•....••.••••..•...•. Conn. Springfiehl F. and M ... Mass. Sterling Fire ... N. Y.

Traders' .•.•••.•• , •••.• , .•••..•.• Ill. United Firemen's •••••.••••••••.... Pa. United States ... N. Y, Union Fire •..••••..••••••..•.•••. Pa. Washington F and M ...•••••.•. Mass. Westchester Fire ... N. Y. Williamsburg City Fire ... N. Y.

MU'fUAL COMPANIES OF O'fHER STA'l'ES.

Holyoke Mutual Fire ... Mass.

I

Quincy Mutual Fire ... Mass.

COMPANIES OF FOREIGN COUNTRIES.

British America ... Canada. Commercial Union ••••••••••••••• Eng. City of London ...•... London. Fire Insurance Association ... Eng. Guardian Assurance ...•.••••.. Eng. Hamburg-Bremen ••.••••••• Hamburg. Imperial Fire ... , ... Eng. Lancashire ... , •.••.•.. Eng. London and Lancashire •...•••.... Eng. L. and L. and Globe ... Eng. London Assurance ••..••••.•• , •••• Eng.

Lion Fire ... Eng. Northern Assurance .•..•.•••••••• Eng.

~To. British and Mercantile ... Eng.

Norwich Union ... Eng. Phoonix Assurance •...••••••••.••. Eng. Queen ...••••••• .' ••••••••••••••• Eng. Royal ....•.•.••. , ••••••.•••.... Eng. Sun Fire ..•••.•••.••••••••••• London. Scottish Union and Nat ... Edinburg. Western Assurance ••••..•••.•. Canada.

(9)

INSURANCE COMMISSIONER'S REPORT.

vii

BUSINESS OF

1886.

Table No. 1 shows the capital, surplus or impairment of

capital, on the 31st day of December, 1885, the differenge

between the income and expenditures with ratio of

expendi-tures to income, and of losses paid to premiums received, for

the year ending December 31, 1886, of fire, fire-marine and

marine insurance companies transacting business in this State.

Table No. 2 shows the nature of the assets on the 31st day

of December, 1886, of fire, fire-marine and marine insurance

companies transacting business in this State.

Table No. 3 shows the nature of the liabilities on the 31st

day of December, 1886, of fire, fire-marine and marine

insur-ance companies transacting business in this State.

Table No. 4 shows the nature of the income during the

year ending December 31, 1886, of fire, fire-marine and

marine insurance companies transacting business in this State.

Table No. 5 shows the nature of the expenditures during

the year ending December 31, 1886, of fire, fire-marine and

marine insurance companies transacting business in this State.

Table No. 6 shows the risks in force, risks written, and

premiums received thereon, and losses paid, of fire, fire-marine

and marine insurance companies transacting business in this

State, for the year ending December 31, 1886.

Table No. 7 shows the business transacted in Maine during

the year ending December 31, 1886, by fire, fire-marine and

marine insurance companies.

This table also shows the

amount of tax on premium receipts paid by the several

com-panies.

Table No. 8 shows the assets, risks in force, risks written,

premiums received and losses paid during the year, of Maine

mutual fire and fire-marine insurance companies.

Annexed to this report, and forming a part of it, will be

found abstracts of the several annual statements made to this

(10)

viii

INSURANCE COMMISSIONER'S REPORT.

department in accordance with law, showing the condition of

the several companies on the 31st of December, 1886.

After the abstracts may be found the names

of

the licensed

agents and brokers authorized to do business

in

this State.

Respectfully submitted.

JOSEPH 0. SMITH,

Insurance Commissioner.

SKOWHEGAN,

March 18, 1887.

(11)
(12)

Table

I-Showing the Capital, Surplus or Impairment of Capital, on the 31st day of December, 1886, and the differ-

~

ence between Income and Expenditures, ratio of expenditures and ratio of lossr:s, for the year ending Decernber 31st,

1886, of Fire, Fire-Marine and Marine Insurance C01npa11ies Transacting Business in this State.

Name of Company.

MAINE STOCK COMPANIES.

Merchants' Marine •••••••••.... Ocean •••••••••..•.•••.•••••••. Union ••••••••.••••••.•••••••. Total ••••.•••••••••••••.•.

STOCK Cos OF UTHER STA TES.

.lEtna, Conn •...•...••... American Central, Mo ....•••••. American Fire, Pa •••••••••••... Anglo Nevada, Cal. ..•••.••.••. Atlantic P. and .M., R. I ....•••. Boatman's F. and M., Pa ••••••. Boston Marine, Mass •..•••••••. .Buffalo German, N. Y •••.•.•••. Citizens', Pa ... . Commerce, N. Y •....••.••••.• Connecticut Fire, Conn •..••••. Continental, N. Y ... . Dwelling-Huuse, Mass ....••..• Eliot, Mass ...••••••. Equitable F. and M., R. I ... . Fire Association, Pa .•••••••.••. "'Impairment.

I

Surplus as Paid-Up Capital. 1 regards

Policy-Holders.

,---·

I

I

Ratio of / Ratio of Losses Surplus over all

I

Income above

I

.Expenditures

I

Expenditures

I

Paid to

Premi-Liabilities. Expenditures. above Income. to Income. mns Heceivod.

$100,000 oo $ 93,611 98 *$ 6,388 02 _

I

$ 31 721 100 03 27 92 140,000 00 171,093 45 31,0\13 4ii - 6,988 53 I lu 80 84 23 100,000 00 178,692 68 78,6H2 68 - 13,273 38 111 68 115 20

- - - / - - - -

-$340,000 00 $443,398 11 $10~,398 II - $20,293 63 107 56 75 78 $4,000,000 00 $7,450,2'.ll 371 $3,450,221 37 $87,263 76 - 97 12 54 58 600,000 00 822,541 50 222,541 50 63,910 26 - 88 98 51 76 500,000 00 1,052,SH 22 552,874 22 288,705 15 - 85 27 54 17 2,ovo,000 00 2,033,555 86 33,555 86 189,601 69 - 54 06 22 08 200,000 00 220,045 07 20,045 07 - $7,291 34 112 93 70 22 2i>O,OOO 00 258,179 48 8,179 48 - 1,119 56 100 45 68 06 1,000,000 00 1,651,161 94 651,161 94 - 71,315 98 106 90 77 99 200,000 00 881,400 SI 681,400 81 52,162 02 - 87 \.18 54 81 500,000 00 503,498 09 3,498 09 14,705 44 - 95 18 56 II 200,000 00 376,459 48 176,4.'19 48 17,697 32 - 89 40 55 I!) 1,000,000 00 1,424,870 54 424,870 54 117,836 56 - 88 44 53 39 1,000,000 00 2,374,856 9:31 1,374,8.56 93 121,124 04 - 96 25 58 96 300,000 00 318,069 67 18,069 67 5,293 15 - 96 87 32 88 200,000 00 2\.13,107 75 93,107 75 1,487 8! - !)9 13 5& 56 300,000 00 407,680

d

107,680 12 19,05 l 94 - 91 89 55 85 500,000 00 1,439,563 18] 939,563 IS 123,451 28 - 93 75 61 00 ~

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(13)

Firemen's li'ire, Mass ••••••••••• 300,000 00 760,859 69 460,859 6.9 26,806 22

-

81 61 43 62

Firemen's Fund, Cnl. •••.•.••••. 1,000,000 00 1,344,947 22 3H,947 22 368, 165 67

-

95 96 57 81

First National Fire, Mass •.•.•• 200,000 00 227,469 84 27 ,469 84 15, 262 95

-

85 02 43 26

Franklin Fire, Pa. ...•..•••••... 400,000 00 1,367,847 48 967 ,847 48 64,668 47

-

89 91 49 55

German American, N. Y ..•...• " 1,000,0CO 00 3,374,273 14 2,374,273 14 367,496 17

-

84 02 47 83

Germania Fire, N, Y ...•••••••• 1,000,000 Ou 1,638,083 85 638,083 85 77,035 53

-

93 38 53 52

Girard 1!,. and M., Pa •..•..••••. 300,000 00 902,485 30 602,485 30 75,085 03

-

82 32 34 46

Granite State, N. H .••••••••••. 200,000 00 216,024 36 16,024 36 102,839 76

-

42 24 15 18

Greenwich, N. Y ... 200,000 00 665,811 24 465,811 24 11,246 89

-

87 40 57 46

Hanover Fire, N. Y ... 1,000,000 00 ],510,903 67 540,903 67 24,600 97

-

98 01 53 85

Hartford Fire, Conn ....••••.... 1,250,000 00 3,039,986 74 1,789,986 74 237 ,633 49

-

90 72 56 08

Home, N. Y ... 3,000,000 00 4,413,795 05 1,413,795 05 160,547 64

-

95 82 56 64

Howard, N. Y ... 400,000 001 481,393 29 81,393 29 52,035 11

-

88 II 53 67 00 ..;,

Ins. Co. of No. America, Pa .••• 3,000,000 00 5,530,329 31.i 2,530,329 36

-

505,610 59 113 06 78 33

>

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Ins. Co. of the State of Pa., Pa .. 200,000 001 392,039 78 192,039 78

-

4,040 24 101 86 62 95 00 ~

Manufacturers & Builders', N. Y .. 200,000 00 387,338 79 187 ,338 79 18, 281 44

-

89 75 44 63 ..;, ~

Merchants', N. J ... 400,000 00 823,258 52 423,258 52 35,278 12

-

94 13 59 35

a

Merchants', R. I ... 200,000 00 315, 280 29 115,280 29 25,957 51

-

88 36 55 34

~

Meriden Fire, Conn •••••••••••• 200,000 00 269,074 13 69,074 13 11,386 09

-

87 96 57 17

National Fire, Conn ... 1,000,000 00 1,563,468 49 563,468 49 79,471 58

-

86 98 50 50 ..;,

National Fire, N. Y ••••••••.••. 200,000 00 266,263 58 66,263 58

-

10,349 28 104 95 63 60

>

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Neptune F. and M., Mass •.••••. 300,000 00 371,240 86 71,240 86 2,607 00

-

98 69 62 70 trj ~

New Hampshire Fire, N. H ••••• 500,000 00 737,759 15 237,759 15 100,316 68

-

84 98 52 92 ~

Niagara Fire, N. Y ...••••••• 500,000 00 989,340 17 489,340 17 144,930 84 90 79 54 94,

Northwestern National, Wis •••• 600,000 00 873,816 34 273,816 34 76,331 68

-

86 11 45 83

Orient, Conn ...•..•.•••••••.••• 1,000,000 00 1,132,886 45 132,886 45 22,239 97

-

96 80 66 95

Pennsylvania Fire, Pa ..•••••••. 400,000 00 1,627,426 40 1,227,426 40 95,660 95

-

90 50 62 70

Pacific Fire, N. Y ... 200,000 00 562,920 88 362,920 88

-

12,453 48 105 24 61 61

People's Fire, N. II •••••.• , •••• 250,000 001 269,'338 41 19,338 41 117,647 76

-

43 80 15 80

Phenix, N. Y ..•.•.•••.••••.... 1,000,000 001 1,557,086 78 557,086 78 357 ,492 76

-

93 79 63 78

Phoonix, ConFl •••••.••••••••••. 2,000,000

oo;

3,022,345 67 1,022,345 67 132, 793 IE

-

94 34 57 86

Prescott, Mass ••••..••.•••••.•• 200,000

ool

252,424 34 52,424, 34 28,176 77

-

87 89 53 79

Providence Washington, R. I. ... 400,000 00 521,720 61 121,720 61 115,708 62

-

85 62 56 85

Rochester German, N. Y ••••••.. 200,000 001 372,625 40 172,625 40 9,3n 01

-

97 64 66 65

(14)

Name of Company. Paid-Up Capital.

- - - -

---

---Security, Conn ...•..•••...••••• $ 200,000 00 Springfield F. and M., Mass ••••. 1,000,000 00 Traders', Ill •...••••••••••.•••• 500,000 00 United Firemen's, Pa ... 300,000 00 United States, N. Y ... 250,000 00 Union Fire, Pa •••••••••••••••. 375,000 00 Washington F. and M., Mass •••• 1,000,000 00 Westchester Fire, N. Y ... 300,000 00 Williamsburg City Fire, N. Y ••. 250,000 00

-Total ••••••••••••••••••••• $40,475,000 00 MUTUAL Cos. OF OTHER STATES.

Holyoke Mutual Fire, Mass ... $100,000 00 Quincy Mutual Fire, Mass •.•••.

-Total ••••.•••••.•••••••••• $100,000 00 Cos. OF FoREIGN CouNTRIEs.

British America, Canada. .•••....

-Commercial Union, Eng ••••••••

-City of London, London .••.••••

-Firo Insurance Association, Eng.

-Guardian Assurance, Eng ....••.

-Hamburg-Bremen, Hamburg ••.

-Imperial Fire, Eng •••••••••..•.

-Lar..cashire, Eng •.•.•••••••••••

-Table

1-CoNcLUDED.

Surplus as / Ratio of

regards Policy- Surplus over a II Inoome above Expendltu,es

I

Expondituce, Holders. Liabilities. Expenditures. above Income. to Income.

- - -

---$ 300,715 54 $100,715 54 $ 39,619 15 - 87 95 1,679,820 92 679,820 9:l 286,944 44

-

83 01 1,003,123 66 503, 123 66 58,879 40

-

89 57 372,343 12 72,343 12 22,619 47

-

88 04 510,293 98 260,293 98 28,550 87

-

81 90 405,886 78 30,886 78

-

$18,828 91 103 80 1,128,936 59 128,936 59 65,224 77

-

94 6,"i 610,510 68 310,510 68 132,524 19

-

86 00 813, 246 25 5G3, 246 25 45,547 03

-

92 46

- - - -

- - - -

-$70,505,346 02 $30,030,3-16 02 $-l,745,430 03 $172,324 38 90 44 $529,284 40 $429,28< •• [ $48,255 19 - 69 56 221,231 48 221,231 48 6,945 75 - 9:; 28

---$650,515 88] $55, 200 9-l: -

---$750,515 88 82 42 $ 388,399 95 $188,399 9,j $ ]3,948 27

-

97 98 1,197,376 52 997,376 52 262,838 93

-

87 07 555,608 43 355,608 43 26,893 25

-

!)5 35 585,831 52 385,831 52 22,076 64

-

97 50 995,317 27 795,317 27 95,547 63

-

85 11 709,893 98 509,893 98 150,8Ia 45

-

82 10 1,000, 720 55 800,720 55 81,464 78

-

92 37 819,153 79 619, 153 79 133,989 36

-

89 10 Ratio of Losses Paid to Premi-ums Received.

-61 70 53 23 58 58 56 74 35 83 44 12 62 91 53 09 46 21

-53 87 23 43 41 26

·

-32 35 69 65 57 70 63 90 67 42 52 71 50 b3 63 39 59 97

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(15)

London and Lancashire, Eng ... . L. and L., and Globe, Eng ... . London Assurance, Eog ....• , .•. Lion Fire, Eog ... .. Northern Assurance, Eog . . . . • . No. British & Mercantile, Eng .. Norwich Union, J<~ng ... . 852,490 29 3,277,538 25 1, 143,533 62 754,960 21 9.'>6,754 \J5 2,215,999 36 862,593 37 652,490 29 3,077,538 25 94:3,533 62 554,960 '.!! 7li6,754 95 2,015,999 3f, 662,593 :Vi 67,454 921 761,246 98 147,920 67 47,(i9! 7(; l 2'.l,65 l 03 401,608 \J:l 97,052 Qt,

Phrenix Assurance, Eng... - 8!7,533 98 647,533 98 16],2.'>3 ,'i4

Queen, Eng , . . . . . . . . . . • • • • . • • . - 940,909 59 740,909 5:.1 304,% I 76 Royal, Eng.... .. .. .. .. .. .. . .. . - 2,.'i40,G76 9.i 2,340,676 95 446,086 51:S

Sun Fire, London... - 749,'.10,1 8.G 5-Hl,205 86 4,8H7 60

Scottish Union & Nat. Edinburg, - 1,240,403 90 1,040,403 90 121,467 28 Western Assurance, Canada •.... _ _ - - - ___ 627,023 46 _ _ 427,021 4lil 65,018 14 Total... - $23,271,935 80 $19,0'il,935

soJ

$3,536,886 551

Maine Stock Companies •.•... Stock Companies of Other States, Mut. Companies of Other States, Companies of Foreign Countries ..

$ 340,000 001 40,4 75,000 00, 100,000 00' I

RECAPITULATION.

$ 443,398 11 70,505,346 02 7,'>0,515 88 23,271,9:35 80 $ 103,398 11 30,~~0.~4? 021 $4, 74~,430 03 6;>0,:-i 1:-i 88 5.J, 200 9-1 19,071,\!35 80 3,536,886 55 Aggregate ... ) $40,915,000 00 $94,971,l\:J5 81[ $49,856,195 81\ $8,3:Vi,517 52 $ 20,293 63 172,32-1 38 $192,518 01 93 57 80 63 80 46 83 38 86 09 78 87 87 84 88 97 79 44 83 14 99 48 73 49 93 59 87 41 107 56

~o

44 82 42 87 4, 91 96 65 71} 55 57 52 86 60 87 55 34 53 28 60 42 58 31 51 96 57 79 66 47 51 33 63 77 59 01 75 78 53 87 32 35 59 01 55 25 00 1-3

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(16)

Table

II-Showing the Nature of the Assets on the 8lst day of December, 1886, of Fire, Fire-Marine and Marine

Insu1·ance C01npanies Transacting Business in this State.

Loans on Name of Company,

I

Real Estate.

I

Bonds and

Mortgages.

MAINE STOCK COMPANIES,

Merchants' Marine •.. , •••••• · 1 - I $67,000 00 Ocean·... .. • • .. .. .. .. . • .. $75,000 00 -Union... .. • • •• .. .. .. - 40,392 13

Total ... ] $75,000 OOI $107,392 13

STOCK Cos. oF OTHER STATES.

1Etna, Conn ...••.••••••• .American Central, Mo ... .American Fire, Pa •...••••... Anglo Nevada, Cal •..•.•..••• .Atlantic F. and M., R. I .••••. Boatman's]!'. and M., Pa ••.... Boston Marine, Mass ... . Buffalo German, N. Y .••••••• Citizens', Pa . . . . Commerce, N Y •...••••••• Connecticut Fire, Conn .••••••. Continental, N. Y .•••...••••• Dwelling-House, Mass .•••..•. Eliot, l\1ass ...•..•••.••• Equitable F. and M., R. I. .... Fire Association, Pa •..•.••••• $358,336 70

-185,673 00

-156, 180 26 65,875 361 2, 743 50 275,000 00 108,eJOO 00 30,000 00 81,450 00 693,500 00

-129,900 00 58,650 00; $43,953 42

-739,435 20 570,885 41

-67,345 32 201,000 00 286,321 50 208,130 69 32,000 00 56!,850 00 312,200 00 177,760 32 66,03! 62 84,221 60 1,230,886 87

Stocks Cash in Premiums in

-I ~ ~ - - 1 - ~ - - -

I

I

and Bonds Loans on

I

office and

I

course of All other Total Assets. owned. Collaterals. 1 bank. / Collection. 1 Assets.

l

-$27,000 00 $5,826 041 $10,408 471 $23,803 65 $134,038 16 133,150 00 2,825 00 18,980 791 16,193 05 62,116 43 273,657 40 $ 91,950 001 - 7,637 78 50,898 63 3,331 11 228,817 52 $225,100 00 $29,525 00 $32,444 6111 $77,500 151; $89,251 19

;!'

$636,513 08 $7,843,486 00 $11, 180 00 $936,516 641 985,500 00 105,000 00 97,452 37 1,162,417 42 72,900 00 99,761 9-1 1,584,550 00

-

24,527 35 84,993 00

-

4,390 57 248,411 62 10,000 00 22,423 73 990,486 2,i 100,820 00 332,375 03 339,937 05 110,000 00 135,151 54 249,412 50 81,089 00 30,51() 89 361,675 00 16,500 00 21,291 95 1,250,047 00 8,060 00 147,106 30 3,251,476 401 70,300 00 336,880 97 218,831

001

8,500 00 39,707 39 294, 273 00 5,000 00 20,177 67 286,770 00, 900 00 23,511 70 2, 762,018

so:

96,800 00 152, 749 72 $374,380 20 70,048 4 7 32,804 3G 69,545 40 4,070 90 29,540 94 106,918 93 44,935 48 25, 733 83 5,406 27 78,238 6-1 232,876 40 41,SOI 96 26,070 09 20,217 71 134,515 41 $986 60

-8,866 74

-2,559 19 1,5~8 38 459,211 43 2,944 04 1,911 52 861 83

-342,747 51 36,432 61 3,439 55 2, 190

ool

9,955 29 6 ! 6 6 2 5 4 l 3 5 4 8 8 3 1 9 ~

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(17)

Firemen's Fire, Mass •.••. , ••.

-

296,579 3S 516,463 00 41,600 00 10,017 71 11,542 42 6,247 07 882,449 58 Firemen's Fund, Cal .••••. , ••• 325,0jl 99 203,071 83 988,370 00 139,500 00 203,495 22 139,993 22 52,780 64 2,052,262 90 First National Fire, Mass •.•.. l,500 00 200,420 32 56, 145 00 2,350 00 16,748 81 13, 786 20 497 82 291,448 15 Franklin Fire, Pa ...•••. 414,600 OU 848,oi8 06 1,150,728 43 596,600 00 116,933 83 49, 782 08 433 50 3,177,105 90

German American, N. Y ..•••.

-

4,905,665 00

-

73,923 57 170,435 46 875 00 5,150,899 03

Germania Fire, N. Y •....•... 535,000 OU 98,030 00 1,660,267 50

-

91,709 21 14,485 92 101,280 00 2,i'>OO, 772 63 Girard F aml M., Pa ... 392/>00 OU 562,926 49 2i5,0JO 00 6,400 00 82, 756 55 33,445 82 4,429 31 l,357 ,468 17

Granite State, N. H ...•..•••.

-

9,000 00 273,742 44 32,003 25 26,190 17 J,589 17 342,525 03

Greenwich, N. Y ... 170,000 00 18,448 00 896,600 00 156,650 00 47,230 2fi 86,732 31 7 ,390 78 1,383,0;"">l 34 Hanover Fire, N. Y ....•.•••.

-

97,907 09 2,213,180 00 30,000 00 71,568 88 126,0118 98 7,920 00 2,546,674 95 Hartford Fire, Conn ...••••••. 6J3,575 60 1,195,791 21 2,407, 945 50 66,000 00 352,675 75 359,042 74 20,915 65 5,055,946 45 Home, N. Y •....•.••.•...•.. 1,378,991 22 719,730 95 4, 736,628 75 449,00.0 00 237,312 85 155,328 66 125,719 12 7 ,802, 7 ll 55

Howard, N. Y , ... 150,UOO 00 5,990 00 521,620 00

-

29,650 12 42,980 52 1,388 50 751,629 14 00

1-3

Ins. Co. of No. America, P.1 •. 363,003 59 2,002,087 34 4,957,480 00 16, 100 00 485,539 87 464,201 16 185,939 92 8,474,351 88

>

1-3

Ins. Co. of the State of Pa., Pa 128,800 00 126, 158 50 310,494 20 15,000 00 16,488 51 11,973 46 28,623 35 637,538 02 H a:.

Manufacturers & Builders', N. Y - 75,100 67 367,557 50 29,500 00 11,285 25 18,496 76 983 20 502,923 38 1-3 H

Merchants', N J ... 125,782 47 453,700 28 554,648 00 14,900 00 39,038 09 61,560 28 9,262 72 1,258,891 81

a

Merchants', IL I •.•...

-

40,696 67 271,891 75 55,000 00 62, 148 53 22,209 20 948 75 452,894 90

>

~

Meriden Fire, Conn •..••••....

-

23,230 00 266, 125 00

-

19, 163 79 15,338 20 87 45 323,944 H

National Fire, Conn ...••.•••. 24,478 40 60-1,763 55 1,067,882 00 5,850 00 rnu,066 05 57,000 00 8,466 83 1,958,506 83 1-3

National Fire, N. Y ...

-

45,591 69 280,590 00 30,000 00 16,611 60 20,547 19 62 50 393,402 98

>

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Neptune F. and M., Mflss •....

-

-

451,390 00

-

9,353 73 20,812 74 9,026 00 490,582 47 tzj

New Hampshire Fire, N. H , ..

-

198,846 86 860, 145 00 32,912 50 47,92IJ 94 44,040 03 7,995 00 1,191,863 33 ~

Niagara Fire, N. Y ... 113,000 00 35,329 00 1,701,956 00 39,500 00 125,249 6'2 224,254 03 21,191 21 2,260,479 86 Northwe~tern National, Wis •..

-

290,197 95 875,446 50

-

150,645 67 32,416 92 6,63'1 60 1,355,3-i! 64 Orient, Conn ... 34, 197 43 274,053 20 1,077,733 03 82,450 00 55,908 92 62,439 03 17,'iOt 18 1,604,485 79 Pennsylvania Fire, Pa .•••.•.. 110,000 00 338,506 23 1,838,933 00 :rn1,100 oo 63,572 65 97,024 49 1, 148 55 2, 710,88-! 92 Pacific Fire, N. Y ... 70,000 00 141,555 56 489,512 50 8,025 00 14,941 9'2 24,747 77 5,070 76 753,853 51 People's Fire, N. H .•..•.• , ••

-

102,925 00 240,794 95 ll,200 00 30,312 11 18,608 64 2,019 68 40,J,860 38 Phenix, N. Y ..••...•.•••..•. l,082, 787 53 299,463 40 2,607, 108 90 80, 758 76 49J, 135 83 681,685 59 150,685 38 5,397, 625 39 Phcenix, Conn . , •.•....•••••. 210,321 98 727,751 59 3,365,961 32 52,120 00 15,'J,6!6 17 194, 738 05 3,389 50 4,709,928 61

Prescott, Mass ...

-

-

380,706 00

-

9,859 l '2 23,(i96 62 2,283 32 416,545 06

Providence Washington, R. I..

-

-

825,590 00

-

58,366 50 73,072 27 76,818 G'> 1,033,847 42

Rochester German, N. Y., •••• 61,066 75 276,463 24 193,675 00

-

88,622 66 37 811 33 842 50 658,481 48

><

(18)

Table

11-CoNCLUDED.

Loans on Name of Company. J Real Estate.

I

Bonds and

Stocks and Bonds owned. Loans on Collaterals. Cash in office and bank. Premiums in course of Collection.

All other

I

Total Assets. Security, Conn ... .

Springfield F. and M., Mass •. Traders', III •...••••.••..•. United Firemen's Pa ••••••.•. United States, N. Y ... . Union Fire, Pa ... . Washington F. llnd M., Mass. Westchester Fire, N. Y •..•.. Williamsburg City Fire, N. Y.

Tot<il •.••••.••••••••••••

MUTUAL Cos. OF OTHER STATES

Holyoke Mutual .Fire, Mass •.. Quincy Mutual Fire, Mass ...

Total •.••••••••••.••.••.

Cos. OF FoREIGN COUNTRIES.

British America, Canada .•.... Commercial Union, Eng •.•••. City of London, London ••..•. Fire Insurance Association, Eng Guardian Assurance, Hng •.... Hamburg-Bremen, Hamburg .. Imperial Fire, Eng ••••••.•••. Lancashire, Eng •••• , •••••••. $ 974 26j 96,353 00 13,695 981 145,300 00 Mortgages. $110,219 06 $ 299,053 50 269,471 25 2,267,590 00 105,479 17 l,lll,837 50 49,1,490 78 190,200 00 289,471 67 293,250 00 $22,500 001 26,900 00 28,000 00 $ 38,346 31 128,029 31 73,271 93 12,115 91 10,383 31 $ 32,369 27 171,650 00 47,411 16 I0,4 JO 42 18, 705 14 Assets. $ 5,385 97 84,921 68 16,575 74 8,458 14 $ 508,848 37 3,044,915 24 1,:rn8, 271 48 889,975 25 611,810 12 208,000 00 9,737 501 410,892 00 953 631 23,962 47 119,411 39 9,116 57\ 782,073 56 300,000 00 41,730 00 1 1,276,440 00 41,000 OOI 86,3-19 fiO 105,38-! 89 98,562 621 1,949,467 11 2,000 00 25l,5:l7 2,t 826,200 00 51,f>OO 00 80,106 78 92,782 88 - l,30-1,126 90 392,203 90 260,900 75 493,707 10 1,350 00 29,676 83 52,400 18 15,501 77 1,245,740 53

- - -

----/----

- - -

- -

-

- - -

- · - -

-$9,648,492 92$16,774,f>92 68$73,069,066 11 $3,092,358 89 $6,425,937 73 $5,401,SiS 68$1,982,817 79$116,395,144 80 $2.'>,000 00 15,500 00 $40,500 00 $247,027 08 412~272 50J $79, 205

sol

$588,472

oo

82,539 97 309,085 00 $161, 745 77 $20,000 00 $897,557 00 $ 717,243 751 l,676,32.> 001 624,500 00 646,690 00 1,020,000 00 952,076 25 968,30 l 25 1,323,065 00 $51,500 00 $51,500 00 $4=5°0 00) $9,974 49 19,438 54 $29,413 03 $ 55,194 141 346,i84 8,'i 45,115 08 71,289 24 302,029 87 39 Ul5 75 90'.917 40 79,583 11 $ 269 901 $ 7,955 45 8,691 25 28,503 11 $710,877 64 515,257 87 $8,961 15 $36,4,'iS 56J $1,226,135 51 $ 36,332 44 317,443 48 76,355 15 105,482 75 37,4-19 ]( 58,887 9~1 141,473 9.j 95,538 97 $9.233 46 . 216 02. 98,012 601 8,000 00 3,812 00 7,540 53 $ 808, 770 33 2 596 313 87 '745:186 25 921,474 59 1,367,479 03 1,119,691 92 1,620,505 63 1,498,187 08 ~ -<l

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(19)

London and Lancashire, Eng .. L. and L and Globe, Eng •.•.. London Assurance, Eng •..•••• Lion Fire, Eng ... . Northern Assurance, Eng •.•.• No. British&, Mercantile, Eng. Norwich Union, Eng ••••••.•. Phoonix Assurance, Eng ...••• Queen, Eng .•..•...••••.... Hoyal, Eng ...••...••.••••••• Sun Fire, London ...•.... Scottish Union ,t; Nat ,Edinburg ·western Assurance, Canada ...

1,380,000 001 382,928 92 1,790,967 78 30,000 00 Total ...

I $4,243, 196 28

1,2,;s,292

001

-

80,127 01 89,462

671

4, 182 84 1,430,064 52 1,911~983 971 2,291,575 00

-

612,003 38 428,229 84 15,988 36 6,639,780 55 1,3 i7 ,065 00

-

65,509 95 81,,568 61

-

1,524, 143 56 116,965 98 510,000 00 12,000 00 81,102 82 62, 268 60 20,945 77 803, 283 17 1, 193,854 501

-

87,322 15 107 ,499 861 l,388,6'i6 51 3,028,415 89

-

132,687 44 199,014 02 18,637 05 3,378,754 40 993,762 50

-

225, 234 57 21, 262 92 5,206 21 1,245,466 20 1,531,300

oo;

-

I 231,398 091 lll,726 66f 12,150

ool

l,887,174 75 - 1,240,473 52 - 316,461 41 25,204 29 11,024 98 1,976,093 12 - 2,:125,470 00 100,000

oo:

237,999 65 311,263 21 64,4'31 17 4,830,131 81 1,026,611 88 377,790 00 _ I 79,461 09 186,:'138 00 6,066 97 1,706,267 94 374,243 75 734,142

101

-

147,247 581 71,698 76 4,717 91, l,332,050 10 - 772,867 2.'1 - 108, 2:l2 49 70,416 18 21,040 84 972,556 76 $3,449,805 581$2:,,561, 209 0 I $1,S, 700 OOI $3,435, ll 7 071$2,6'4,917 4' $311 ,806 71 $39, 773,052 09

RECAPITULATION.

Maine Stock Companies... $ 75,000 OOf $107,392 13 $225,100 00 $ 29,825 00 $ 32,444 61! $ 77,500 Hif $ 89,251

191$

636,513 08 StockCompaniosofOtherState~ 9,648,492 92

1

16,774,592 68 73,069,06611 3,092,3.",8 89 6,425,937 7315,401,8'18 68i1

l,982,817 79 116,395,144 80 Mut. Companies of Other State~ 40/100 00 161,745 77 897,557 00 51,fiOO 00 29,413 03 8,961 15 36,458 561 1,226,135 51 Companies of Foreign Countries 4,'243,196 28 3,449,805 58 25,.561,209 01 157,0JO 00 3,435,ll7 071 2,634,917 44 311,806 7l 39,793,052 09

----

- - - - · - - - -

- - - .

- - · - -

- - - - -

- - - - -

-Aggregate ... 1$14,007, 189 20 $20,493,536 16 $99, 752,932 12 $3,330,683 8'.:l $9,92'!,912 44,$8,123,2,"17 42 $2,420,334 25 $158,050,845 48

....

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(20)

Table

III-Showing the Nature of the Liabilities on the 31st

day

of December, 1886, of Fire, Fire-Marine and

friarine Insurance Companies Transacting Business in this State.

Name of Company.

MAINE STOCK COMPANIES,

Merchants' Marine ..•••••••. Ocean .•••••.•...•.••••.••. Union ..•••••••.••••••••••. Total •.••••••••••••••••.

STOCK Cos. OF OTHER STA TES.

lEtna, Conn, ..••...••••••. American Central, Mo ... . American Fire, Pa •...•••. Anglo Nevada, Cal. ... . Atlantic F. and M., R. I ... ..

Boatman's F. and M., Pa , •... Boston Marine, Mass •.••..••. Buffalo German, N. Y ••...

Citizens', Pa ...•..••.••.. Commerce, N. Y ... .

Connecticut Fire, Conn • . • ••. Continental, N. Y ....••••.•. Dwelling-House, Mass •..••.. Eliot, Mass ...•...•.•••. Equitable F. and M., R. I .... Fire Association, Pa ••..•.•••• ~

-LOSSES UNPAID.

I

RE-INSURANCE FUND,

- - - -

---[ Marine

Adjusted. \ Unadjusted. Resisted. Fire. J and Inland.

$12,001 821 - - - $30,424 36 8,821 681 - - - 48,678 39 24,952 121 - - - 69,012 60

- - - 1 - - - -

$45, 775 62 - - - $148, 115 35 $·16,023 81 12,490 16 32,959 94 13,115 92 248 78 34,674 54 3, 714 00 4,311 30 26,062 91 4,950 00 8,921 00 3, 799 00 59,313 45 $191,231 51 48,513 27 89,544- IO 6,200 00 2,548 75 15,38! 36 202,880 00 17,230 00 1,600 00 73,441 48 380, 145 36 4,300 00 12,132 00 12,315 00 49,088 65 $13, 743 00 13, 738 30 17,588 68 8,544 61 2,112 37 19,810 84 54,076 00 2,560 00 750 00 23,205 24

I

$1,780,258 73[ 359,058 97 727,740 70 153,196 74 22, 705 79 124,040 53 281,400 91 174,817 43 84,325 57 6ll,619 08 2,350 ,850 53 190,7,59 67 96,384 18 115,804 86 1,061,424 91] $10,692 15 38,045 88 102 4.'J 51 61 335,799 20 32,950 00 2,804 93

Other

I

Total Liabili- Total Liabili-Liabilities. I ties, except ties, including

Capital. . Capital. $31,317 45 79,692 GS $42,426 18 88,817 52 173,657 40 $111,010 131 $304,901 IO $3,526,890 361 $5,568,839 56 224, 200 14 658,000 84 934,02;j 24 1,801,858 66 38,949 62 249,508 )6 26,588 15 52,193 92 12,439 70 195, 135 35 651,161 94 689,235 03 3,908 09 176,859 48' 424,870 54 1,421,959 39 25,413 61 97 ,557 75 112,237 22 2, 752,543 54j 1,193,555 14 994,289 61 204, 788 43 267, 735 05 1,129,741 94 4,239,981 28 223,033 28 214,994 93 247 ,711 01 3,945,575 79 $142,426 18 228,817 52 273,657 40 $644,901 IO $9,568,839 56 1,258,000 84 2,301,858 66 2, 249,508 16 252,193 ~2 445, 135 35 2, 193,555 14 1,194,289 61 704,788 43 467, 735 05 2,129,741 94 5,239,981 28 523,033 :l8 414,994 93 547,711 01 4,445,575 79 ~

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(21)

Firemen's Fire, Mass ... 3,944 56 7,563 45 3,300 00 103,034 43

-

464,607 H 582,449 58 882,449 58 Firemen's Fund, Cal •••..• , •• 16,985 27 52,966 80 12, 770 85 527,252 91 82,048 95 360,238 12 1,052,262 90 2,052,262 90

First National Fire, Mass .... 2, 766 61 5,533 91

-

53,609 St

-

29,537 77 91,448 15 291,448 15

Franklin Fire, Pa .•..•...•• , . 16, 195 20 12,704 00 6,500 00 417,666 47

-

2,324,0iO 23 2, 777, JO;°) 90 3,177,105 90 German American, N. Y , .... 29,555 02 145,9fll 09 19,(i3-1 22 1,607,463 2:1

-

2,3-18,29.J 47 4,Ui0,899 03 5, 150,899 03 Germania Fire, N. Y ... 49,325 68 21,672 80 20,408 40 777,281 7;,

-

6:32,084 99 1,500,773 62 2,500, 773 62 Girard F. and M., Pa ... 6,331 88 17,930 44 2,693 00 251,323 83

-

779,189 02 1,057,468 17 1,357,468 17

Granite State, N. H ... 15,499 90 4,005 00

-

101,946 69

-

21,073 44 142,525 03 342,52:'i 03

Greenwich, N. Y .... , ...

-

168,506 52 29,217 00 504,470 59 23,928 65 456,928 58 1,183,051 34 1,383,0:> l 34 Hanover Fire, N. Y ... 64,761 75 54,440 08 24,961 67 86;'),636 45

-

536,875 00 1,546,674 9.'i 2,546, 67-l 95 Hartford Fire, Conn ...•••. 59,197 44 110,2\-14 82 48,535 22 1,76-1,932 23

-

1,822,986 74 3,805,946 4,-, 5,o.-,5,94li 45 Home, N. Y ... 69,484 75 225,825 36 51,038 39 3,038,648 00

-

l,417,715 05 4,802,711 55 7,802,711 5.'> Howard, N. Y •....•...••.

-

30,334 67 2,486 50 236,949 36 2,212 81 79,645 80 351, 629 14 751,(i29 14 00

e-3 Ins. Co. of No. America, Pa •.. 37,061 73 430,436 29 40,686 24 1,824,325 67 119,786 33 3,022,055 62 5,474,351 3,-.; 8,47.!,:t:il 88

>

Ins. Co. of the State of Pa., Pa 51, 132 00

-

- 89,717 76 14,926 8~ 281,761 42 437,538 0'2 637,538 02

j

u:

Manufacturers & Builders', N. Y 1,386 52 6, 136 00 2,DOO 00 9D,463 0-i

-

193,0:37 82 302,923 38 502,n:1 38 "".l

,...,

Merchants', N. J ... , .•••. 18,356 85 23,414 43 8,650 00 361,485 12

-

446,985 H 858,891 8-l- 1, 2:iS,8\:J I 8-l-. 0

Merchants', R I ... 5,699 48 9,273 76 750 00 119,301 26

-

117,870 40 2,'12,894 90 452,894 DO

>

~

Meriden Fire, Conn •..•••... 2,4 75 00 3,0113 76 - 4!;,900 38

-

69,486 30 123,878 44 323,878 44

National Fire, Conn ... 24,192 72 22,700 00 6,467 70 341,677 92

-

563,468 49 958,506 8:3 1,958,506 83 e-3 National ]!'ire, N. Y. , ••• , .. , •

-

18:561 65 3,625 00 103,789 21

-

67,427 12 193,402 98 393,402 !18

>

Cd

~

Neptune F. and M., Maos ...

-

13,500 00 1,000 00 101,841 61

-

74,240 80 190,582 41 490,582 41 t_zj

New Hampshire Fire, N. H •.. 20,422 00 40,000 00 2,500 00 382,382 18

-

246,559 15 691,863 33 1,191,863 33 'l.l

Niagara. Fire, N. Y ...•.

-

156,320 00 l'i,18000 1,087,221 19

-

499, 758 6i 1, 760,4i9 8li 2, 260,479 86 Northwestern National, Wis . 18,405 20 27,022 50 3,850 00 427 ,528 16 1,000 00 277 ,535 78 755,34 l 6-l- 1,355,H I 6t Orient, Conn ...•....••••..

-

82,405 32 2,250 OG 386,9-14 02

-

132,886 45 604,485 79 1,604,485 rn

Pennsylvania Fire, Pa ... 60,675 15

-

-

5 ID,466 87

-

1,1:rn,742 9u 2,310,884 92 2,710,88-1 92

Pacific Fire, N. Y .•...••••• , . 17,975 00 9,4 75 00 1, 150 00 157 ,483 60

-

367,769 91 553,853 51 753,8.i3 5 l People's Fire, N. II., •• , , .••. 11,803 53 6,550 00

-

113,700 40

-

23,806 4,'i 155,860 3S 405,860 38 Phenix, N. Y ...

-

324,348 83 29,411 00 3,274, 176 64 19'1, 710 33 576,978 59 4,397,625 3D 5,:397, (j25 39 Phoonix, Conn •...•••.••••••.

-

182,028 30 21,562 00 1,48:1,992 641

-

1,022,345 (i: 2,709,928 61 4,709,928 61 Prescott, .Mass. . . . ... 11,907 35 8,572 82 9-10 5'2 138,089

931

-

57,034 44 216,545 Oli 416,545 06 Providence Washington, R. I.. 10,349 58 103,661 82 16,412 6H 316, 73,i 49 99,903 59 86,785 25 633,84 7 42 1,033,847 42

Rochester German, N. Y •....

-

22,968 97 4,808 00 256,867 75

-

173,836 76 458,481 4fl 658,481 48 ~

(22)

Name of Company.

Security, Conn •...•...••. Springfield F. and M., Mass . Traders', Ill ...•... United .Firemen's, Pa. ••••....

United States, N. Y .•••••.•..

Union Fire, Pa ...•.... Washington F. and M., Mass •. Westchester Fire, N. Y ••• ..

Williamsburg City Fire, N, Y.

Total •..•••.••••....•••.

MUTUAL Cos. OF OTHER STATES

Holyoke Mutual Fire, Mass •. Quincy .Mutual Fire, Mass ....

Total ... .. Cos. OF FonEIGN CouNTRIES.

British America, Canada •••• Commercial Union, Eng ... . City of London, London ... . Fire Insurance Association,Eng Guardian Assurance, Eng .• , . Hamburg-Bremen, Hamburg .. Imperial Fire, Eng ..••...••• Lancashire, Eng ..••••••••.•.

Table

IIl---=-CoNctunitb.

LOSSES UNPAID. ·1 RE-lNSUHANCE FUND 1 1 1

- - - . - - - , Other j Total 1 Total

Liabili-1 [

I

Marim, I Liabilities. ties, except

I

ties, including Adjusted.

I

Unadjusted. Resisted Fire. ,. and Inland. I I Capital. Capital.

$ 7,795 88 $19,524. 64! $ 1,500 00 $ 151,410 Hi 1 $22,423 43

1 $106,19-l

~!7!

$ 308,818 37 $ 508,848 37 52,818 451 90,840 00 20,320 67 l,183,526 181 - I 697,409 9-l 2,044,915 21 3,0H,915 24 22,435 78 26,181 22 8,952 77 292,774 38i - 517,927 33 8li8,271 48 l,368,271 48 6,Ul5 78 10,380 01 2,675 oo, \12,807 471 - I 477,196 99 58\J,U75 2.; 889,!>75 25

2,876 39 G,940 00 - 71,324 29 5,600 68 275,068 76 361,810 12 611,810 12 23,349 99 26,463 24 16,298 33 168,20-l 15 10,306 851 162,451 00 407,073 561 782,073 56 - 127,420 00 - 574,072 13 117,838 60 130,136 38, 949,467

111

1,919,467 Jl 13,492 62 32,:133 5ll' 2,000 oo 636,095 21 - [ 320,205 56/1 1,001,1·l6 9u 1 i 1,:104,126 90 4,688 04 22,573 901 7,200 00. 379,983 77 - _ _ _ j 581,294 82. 995,740 531 l,2!5, 740 53 $l,012,so9 43 $3,827,900 351 $600,764 21,$13,664,089 53[ $1,113,133 28 $35,701,38-! 93 $75,920,081 n::$116,395,081 73 $200 611 - $2,100 00 $186,333 77 - $429,334 26 $617,977 641 $717,977 6-l - - · 10 501 $210 00 l,600 00 214,249 46 - - 5,161 52 221,2:31 48i 221,'231 48 $220

uJ

$210 oo $3,700 oo, $400,583 23 - $434,49;) 78 $83\J,209 12/ $9:rn,209 12

I

-

$!)2,151 64 $ G, 152 45 $ 35G, 704

671

$ 6,035 27 $ 187, 726 30 $ 608,770 331 $ 608, 770 33

-

138,371 05 14,225 21 1,372,3:H 85 31,252 2-! 1,040,1:{3 52 2,596,313 871 2,596,313 87 $24,234 89 31,530 68 8,300 00 318,431 48 - 363,689 20 746,186 2,1 746, 186 25 30,591 92 35,950 67 3,639 69 465,460 79

-

-

535,643 01! 535,643 07

- I

60,876 55 I, 794 51 498,082 65

-

806,725 32 1,367,470 0:1 1,367,479 03 1,200 00 49,045 00 12,700 00 546,852 94

-

509,893 98 l,llll,691 92 1,119,691

n

36,88-l 66 75,937 75 18,430 00 659,4-18 58

-

829,804 64 1,620,505 63 1,620,505 63 37,251 60 77,305 311 18,886 55 736,589 831

-

628, 153 79 1,498,187 08 l,498,187 08 ~

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(23)

London and Lancashire, Eng .. L. and L. and Globe, Eng •••. London Assurance, Eng ..•••. Lion Fire, Eng ..•••...•..•.. Northern Assurance, Eng •.••. No. British & Mercantile, Eng Norwich Union, Eng ... . Phcenix Assurance, Eng ... . Queen, Eng •..•.••.••••.•••. Royal, Eng •••••.•..•••..••. Sun Fire, London ... . Scottish Union& Nat ,Edinburg

,v

estern Assurance, Canada •.. Total ..•...••.•..•.

Maine Stock Companies . • .•. Stock Companies of Other States Mut. Companies of Other States Companies of Foreign Countries Aggregate ....•.••..•••. 20,329 211 45,747 43 9,980 001 687, 178 87 - 666,829 OJ 1,430,064 521 1,430,064 52 930 25 255,327 95 74,960 10 2,691,5()3 5:l - 539,520 48 3,562,242 30 3,562,242 30 56,228 00 - - 522,630 12 - 945,285 44 1,524,143 56 1,524,143 56 13,501 72 15,000 00 7,500 00 212,321 24 - 554,960 21 803,283 17 803,283 17 25,'i64 501 48,136 27 16,721 07 521,780 48 - 776,274 19 1,388,676 51 1,388,676 51 40,314 33 93,808 89 13,939 74 1,214,692 08 - - I,362,755 04 1,362,755 04 78,939 03 - - 502,933 80 - 663,593 37 1,245,466 20 1,245,466 20 21,507 001 152,453 0011 24,217 001 1,061,782 771 - 627,214 98 1,887,174 75 1,887,174 75 43,241 18 73,648 51 19,100 00 1,09:3,032 81 - 6,161 03 1,235,183 53 1,2:15,183 53 18,819 45 244,507 10 33.4 l l

a!

1,928,055 79 1 _

I

2,60,j,;3:{8 33 4,830, 131 81 4,830. I:l l 81

75,985

ool

48,826 00 1 1s,2rn oo, 974,423 73 - 588,793 21 1,706,267 9-t 1,10ti,2?7 94 22,053 06 5,000

(JOI

10,000 00 254,.",93 14 - 1,040,403 90 1,332,050 10, 1,332,0,lO 10 - 54,9:iO 75 7,500 00 1 461/>18 021 9,828 501 438,759 49 972,556 761' 972,556 76 $547,775 80 $1,558,574 55' $319,C97 46 $17,080,349 161 $47,116 01 $13,819,260 39 $33,372,773

:·Vil

$33,372,773 37

RECAPITULATION.

$ 45,775 62 - - - I$ 148,115 35 $ 111,010 131 $ 30t,!)OI 10':S 644,901 10 1,012,809 43 $3,827,900 35 $600,764 21 $33,664,089 53 1,113,133 2s 35,701,:1s1 93 75,9:.w.081

n

1 116,3\)5,081 73 220 11 210 oo s,rno oo 40o,fi8:J 23 1 - 4;11,n15

,i::,J

s:rn,20!1 12 93u,209 12 547,775 80 1,558,574 55 319,697 46 17,0SO,:U9 lC 47,IHl OJ 13,819,'ltiO 39 33,372,773 3, 33,3i2,77:3 37

- - - - -

- - · · - -

- - - · - - - -

---$1,606,580 96$5,386,684 901 $9:.!4,161 67($51,H,'i,021 92 $1,,rn~,:lG-l 64$50,0f.li,l."il 23110,4:16,Uti:i 3:L:$151,3:iJ,9ti5 32

00 1-3

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(24)

Table

IV-Showing the Nature of the Income During the Yem· Ending December 31st, 1886, of Fire, Ffre-Marine

and Mari'.ne Insurance Conipanies Transacting Business in this State.

Name of Company.

MAINE STOCK CollIPANIES,

Merchants' Marine ... . Ocean ....••••...•••••••.• , •... ·., · Union •....••••••••••••••••••.••••.••.••.. Total,, •...••.•••••••••••••••.••••...

STOCK Cos OF OTHER STATES,

.A!]tna, Conn ••...•...•.•... American Central, .Mo . . . .

American Fire, Pa ... . .Anglo Nevada, Cal . . . , ... . Atlantic F. and M., R. I ... . Boatman's F. and M., Pa . . . . Boston Marine, Mass ... . lluffalo German, N. Y .•....••...•.••••••. Citizens', Pa ... . Commerce, N. Y ... , ••...•••.•••.•.. Connecticut Fire, Conn ... . Continental, N. Y . . . .. Dwelling-House, Mass ... . Eliot, Mass., ....•.•.••••• , ••••••• , .•••••.. Equitable F. and M., R. I. ... .. Fire Association, Pa ... , • PREMIUMS RECEIVED,

Interest and I Income

Dividends from all from Rents and

I

Total Income. sources. other sources.

- - - · ' - - - _ ----1---$1_2_, 7-88-65-$4,988 69

I

$2,3'i6 31 66, 153 41

8, 708 34 1 -

I

ll4, 704 68

$13,797 03

I

$2,376 37 $193,746 74

I

Marine

Fire. and Inland.

_ 1 $ 1 2 , 7 8 : : -- i 58,788 35 _ _ _ -_ _ _ - - 105,99~ - $177,573 34 -~~~~~~~~~~~~~~~~~~~~~~ $2,455,938 61 $162,253 61 $407,856 O! $8,671 43 $3,034,719 69 517,(Hi8 70 62,918 41

-

579,987 11 l,172,783 32 77,t:8J 34 ]30,.'i20 47 l,390,987 13 29ti,274 74 7f,,444 6,') 20, 289 15 19,700 60 412,709 14 41,134 00 428 IG 3,423 16 11,421 15 56,406 4 7 220,404 55 5, 713 67 17, 190 45 3,868 89 24 7, 177 56

-

958,857 53 75,039 27

-

1,03:1,.:96 80 380,763 !)9

-

35,511 88 17,5!)9 09 433,8i4 96 269,106 62 1,597 35 2\1,750 01 4,478 71 304,S:J:.! 69 140,152 45 23,479 02 3,334 65 166,966 12 925 ,438 49 94,109 24

-

1,019,54 7 73 2,617,122 53

I

358,992 05 216,823 :H 3!l,587 43 3,232,525 35 149,424 33 )9,257 54 300 00 168,981 87 ]54,36:J 50 lli,:129 12 141 2:-l 170,835 91 195,576 24 18,987 52 17, l.'i7 15 3,204 09 234,92.> 00 1,568,596 26 202,548 31 8,921 65 1,780,066 22 ~

~:

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(25)

Firemen's I<.,ro, Mass •••..••••••.•••.••••••• 109,316 62

-

36,528 81

-

145,845 43 Firemon's Fund, Cnl. ... 830,294 45 158,518 86 58,838 84 345,796 83 l,393,448 98

First National Fire, Mass •.•.••••..••• , ... 88,314 66

-

12,575 22 1,000 00 101,889 SS

Franklin Fire, Pa. . . ...••.•... , •... , , . 498, 166 42

-

120,704 83 21, 736 23 640,607 48

German American, N. Y ....•.•..••....•.•... 2,117,862 52

-

182, 193 19

-

2,300 ,05,5 71

Germania Fire, N. Y ....•••••••••..• _ ••• ,. 1,063,080 21

-

100,174 27

-

1,163,254 48

Girard l!'. and M., Pa ... 31.iO, 143 02

-

48,004 66 10,871 81 419,019 49

Granite State, N. H .•••..••..•. , ..•.•••.... 168,988 67

-

9,069 70

-

178,0,-,8 37

Greenwich, N. Y ...

...

···

....

826,899 51

-

40:375 42 15,883 13 883, 158 06

Hanover Fire, N. Y ... I, 175,896 81

-

93,999 64

-

1,269,896 45

Hartford Fire, Cunn ....•••...•.•••.. , . 2,350,371 59

-

188, 194 86 22,500 52 2,561,066 97

Home, N Y •...••••....•••••..•...••. 3,541,608 30

-

298,467 81

-

3,840,076 11

Howard, N. Y ...

...

400,881 87 4,896 78 22,328 4:3 9,GOO 00 4:n, 707 08 00

.-3

Ins. Co. of No. America, Pa .••••.. , , , ...•.. 2,204,132 29 1,263,889 90 363,276 79 39,227 19 3,870,526 17

>

.-3

Ins. Co. of the State of Pa., Pa ... 148, 153 23 46,960 10 17,592 39 4,696 23 217,401 95 00

...

.Manufacturers & Builders', N. Y ... lfl4,796 39

-

20,074 07 3,475 00 178,345 46 .-3

...

l\ferchants', N. J ...•...••...•. , .... 544,424 65

-

52,868 21 3,572 55 600,865 41

0

Merchants', lt. I ... 203,638 0j 188 61 18,568 42 625 50 223,020 58

>

Meriden Fire, Conn ••• , ...

"I

75, 292 09

-

16,210 24 3,0.53 46 94,555 79

r

National Fire, Conn ... National :Fire, N. Y .••.•.••.•..••.•••... , 517,629 65

-

90,530 46 '2,372 25 610,532 36 .-3

196,241 41

-

12,776 05

-

209,017 46

>

td

Neptune F. and M., Mass ...•.•• ,, •..••• , 178,380 71

-

20,753 50

-

199,134 21

r

trj

Now Hampshire Firr-, N. II . . . 615,300 28

-

52,727 63

-

668,027 91

'!1

Niagara Fire, N. Y ...•.•...•.. , •... 1,500,661 40 - 67,438 90 5,657 42 1,573,757 72

Northwestern National, Wis ... , ••. 494,151 37 9,697 69 52,961 07

-

556,810 13

Orient, Conn. . . • • . ...•• , . , , , • , . , .••• , . , . 622,361 90

-

71,768 16 862 95 694,993 01 Pennsylvanili Fire, Pa ... 889,401 68

-

116,012 13 1,965 64 1,007,379 45 Pacific Fire, N. Y .•.••••...•••• , •. , , •••.. , . 211,697 12

-

23,721 78 2,366 65 237,785 55 People's Fire, N. II ... 200,281 50

-

9,049 82

-

209,331 32 Phenix, N. Y ....••••••.•••.. , . , , ...•••.... 4, 185,864 48 1,368,012 24 133,fi31 42 72,591 13 5,759,999 27 Phoonix, Conn , ...•.... , ••.•.•.••... , ••.••. 2, 130,077 59

-

210,411 77 4, 727 43 2,345, 216 79 Prescott, Mass ...•••..•.. , .. , ••••••• 21:\812 81

-

16,9\2 44 1,906 38 232,671 63 Providence Waehington, H.. I .• , .... , .... ,. , 448,895 80 321,923 02 34,001 60

-

804,820 42 ~ Rochester German, N. Y ... 360,085 37

-

29,417 17

I

5,4 73 33 395,005 87

~:

Storling Fire, N. Y ••••.••. , ... , •• , •••• 15~,425 60

-

13,885 83

-

173,311 43

...

(26)

Name of Company.

Security, Conn ... ,-Springfield .B'. and M., Mass •...•.•••••....•. Traders', III . . . .

United Firemen's, Pa, •••••..•.•...•..••.•. , United States, N. Y ... ..

Union Fire, Pa . . . .. Washington F. and M., Mass ... .

,v

estchester Fire, N. Y ...••...••....

Williamsburg City Fire, N. Y ... .

Tot'\! ••••.••.•••••••••••••.••.••.•••••

MUTUAL Cos. OF OTHER STATES.

Holyoke Mutual Fire, Mass .••...•••••••.•.. Quincy Mutual Fire, Mass ... .. Total ••..••••.••••.••.•••.•••••••.••.

Cos. OF FOREIGN CouNTarns.

British America, Canada •....•..•••.•••.... Commercial Union, Eng •.••.•••.•..••.•••• City of London, London .•...••••••.... Fire Insurance Association, Eng ....••••.••. Guardian Assurance, l<~ng ••.••••••••.••.•.. Hamburg-Ilremen, Hamburg •...•••.••... Imperial Fire, Eng ... . Lancashire, Eng . . . .

Table

IV-CoNCLUDED,

PREJ\fIUAIS RECEIVED. ~---1-Intc·r::·~nd - - - · - - - Dividends from all

Marine

I

sources.

Fire. and Inland.

$ 307,134 08 1,566,403 49 507,865 62 152,345 2:i 115,699 92 265,9-10 81 843,5.') I 68 899, 759 6! 536,773 75 $46,086,154 57 $I23,:rn2 95 l2!,4l12 16 $247,7u5 11 $ 543,8&8 45 l,85S,\J87 78 556, 1(,3 8! 750,831 H 726,157 56 796,835 83 l,Oll,814 60 1,175,887 11 $2,035 22 11,957 14 199,624 26 307,203 11 $5,278,181 47 $71,122 86 98,607 27 $ 21,660 49 117,828 70 54,489 20 33,:H4 90 26,872 24 22,038 61 68,073 46 44,927 43 22,544 60 $4,397,160 5!1 $32,130 58 19,977 2-! $,'>2, 107 82 $26,842 78 69, 2:16 II 2:!,585 15 30,980 44 36,540 27 41,271 91 38,604 22 53,4~6 48 .!:ncome

I

from Rents and

I

Total Income. other sources.

- - · - - - -

-$ 11 7;)

I

$ 328,806 32 4,241 00 1,688,473 19 3,,'iO l 03 3,229 38 ' 564,:190 04 189,HJl 16 157,758 68 8,28S 23 \ 495,888 91 840 3li I 1,219,668 (il 1,722 13

I

9,l(i,409 20 17,701 79 577,020 14

- - - -

-$871,24:l 75 $;i(i,632,740 38

I

$3,070 37

I

$158,503 90 2,:161 06 I I4u,8o6 46 - - $ 3 , 4 3 7 4 3 [ - - $ 3 0 5 , 3 1 ~ $8, 749 97 3,765 00 I 6,3,18 69 $ 641,854 09 2,032,.581 13 578, 748 \J9 785,576 58 762,697 83 838,107 74 1,066, 767 51 1,229,383 59

x

x

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(27)

London and Lancashire, Eng •••.••..•....•. L. and L. anu Globe, Eng ...••••.•..•.•. Lonuon Assurance, Eng ••..••••.••...••..•. Lion Fire, Eng . . . . . ....••..•...•.•••••••. Northern Assurance, Eng ..•...•..•.•••.•.. No. British & Mercantile, Eng ...•.•.•. Norwich Union, Eng •...•••.••••.••.•...

99.'i,264 23 3,1186,.'i.'>3 fiO 7o2,680

:rn

386,71H 33 83 2, 158 04 1, 756, 78:1 9-t 753,66,> 37 54,006 18 15:-l,8~0 13 54,[)0'.3 22 23,6\l:-l 13 49,602 50 143,840 80 44,719 82 Phcenix Assurance, Eng... • • • • 1,400,518 91

I

-

C0,985 00

Queen, Eng... 1,420,146 93 - 52,656 17

Royal, Eng • . . • • • •• •• •• •• .• • • . • . . • . • • . • . . 2,4.'>3,085 40 I - 98,4i8 87

Sun ~ire, L?ndon . . . . . . .... . . . .. . . . . • •• •• • • 1,076,639 96

I

-

58,4!;

!•

91,102 53

10,356 73 93,732 95 Scottish Union & Nat., Edrnburg.... . .. •. • . 414,6t6 09

1

- 43,621 nO

Western Assurnnce, Canada .•••...•••••.. _ _ 912,280 92 ! - - -- _ _ _ _ 2Cl,41! 27

1---Total. .• •. •.•. •••. ..•• ... . •••. .. .• .... $24-,208,75-1 2G

I

$169,7:30 13 J $1,187.336 72 , $224,055 87

Maine Stock Companies .•...•..•••••••• , • Stock Companies of Other States .. , ••..•.... M ut. Com parries of Other States •.•••••••.••. Companies of Foreign Countries ..••.•.•..••. Aggregate ... .

RECAPITULATION.

$46,086, Hi4 57 247,765 ll 24, 208, 7 54 26 $70,542,673 94 $ 177,.173 34 5,278,181 47 169,730 13 $5,62:i,4.81 94 $ 13,797 03

I

$ 2,376 37

I

4,397,160 .19 871,243 75 52, 107 82 I 5,4:H 43 l,187,336 72 224,055 87 $5,6.'i0,402 16 I $1, 10:3, 113 42

I

l,OHl,270 41 3,9:11,476 16 7,->7,183 52 410,457 46 881,760 54 1,900,624 74 798,385 19 1,461,503 94 1,483, 159 83 2,645,297 22 1,135,077 73 4.18,267 59 9!1,695 19 ~25,789,876 98 $ 193, 746 74 56,6:-!2,740 38 305,310 36 25,78Cl,876 98 $82,921,674 46 00 .-3

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References

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